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Author Topic: Stock Markets are tanking and its affect on Bitcoin  (Read 1021 times)
GigaCoin (OP)
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February 03, 2014, 09:02:19 PM
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Breaking news today all over tv is the stock market bubble bursting:
http://money.cnn.com/2014/02/03/investing/stocks-markets/index.html

On top of that i personally think we will see housing crashes in some markets that have never corrected (e.g Australia and many Asian markets)

With investment options running out for investors, i strongly believe we will see an influx of loaded investors, traders and funds into Bitcoin. Not immediately though, the process will take sometime as the "legal" air is still not clear.

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meanig
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February 03, 2014, 09:16:47 PM
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Breaking news today all over tv is the stock market bubble bursting:
http://money.cnn.com/2014/02/03/investing/stocks-markets/index.html

On top of that i personally think we will see housing crashes in some markets that have never corrected (e.g Australia and many Asian markets)

With investment options running out for investors, i strongly believe we will see an influx of loaded investors, traders and funds into Bitcoin. Not immediately though, the process will take sometime as the "legal" air is still not clear.

Fingers crossed the London housing market plunges through the floor  Smiley
GigaCoin (OP)
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February 03, 2014, 09:44:06 PM
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Breaking news today all over tv is the stock market bubble bursting:
http://money.cnn.com/2014/02/03/investing/stocks-markets/index.html

On top of that i personally think we will see housing crashes in some markets that have never corrected (e.g Australia and many Asian markets)

With investment options running out for investors, i strongly believe we will see an influx of loaded investors, traders and funds into Bitcoin. Not immediately though, the process will take sometime as the "legal" air is still not clear.

Fingers crossed the London housing market plunges through the floor  Smiley

I could be mistaken, but didn't the UK housing market correct massively in 2008 ?

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February 03, 2014, 09:46:10 PM
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Nothing like the US or Ireland. It never fully tanked but there were falls and lulls.
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February 03, 2014, 09:55:33 PM
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Breaking news today all over tv is the stock market bubble bursting:
http://money.cnn.com/2014/02/03/investing/stocks-markets/index.html

On top of that i personally think we will see housing crashes in some markets that have never corrected (e.g Australia and many Asian markets)

With investment options running out for investors, i strongly believe we will see an influx of loaded investors, traders and funds into Bitcoin. Not immediately though, the process will take sometime as the "legal" air is still not clear.

Fingers crossed the London housing market plunges through the floor  Smiley

I could be mistaken, but didn't the UK housing market correct massively in 2008 ?

The UK market is mixed. Some places have seen big corrections but London and the surrounding south east area is mental considering wages have gone down in real terms over the last few years.

Take a look at this beauty. If you land your dream job as big shot city lawyer earning £80,000 per year you could just about afford a 3x salary mortgage  Cheesy

http://www.rightmove.co.uk/property-for-sale/property-41981755.html
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February 03, 2014, 09:56:41 PM
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I never understood stock market and never tried to, more than a few weeks. I find Wall Street and stock markets producing nothing so I'm not into it. However, I can see lot's of people loosing money out of it, which is sad.

Regarding housing, I do think GLOBAL prices will go down. Starting with US/Canada and Asia.

If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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February 03, 2014, 10:55:57 PM
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Not immediately though, the process will take sometime as the "legal" air is still not clear.

What ya mean?
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